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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Revenues $ 222,533 $ 221,340 $ 672,761 $ 651,381
Cost and expenses        
Instructional costs and services 136,431 134,755 418,072 403,374
Selling, administrative, and other operating expenses 69,828 64,888 236,826 225,598
Product development expenses 3,511 2,563 9,446 9,004
Total costs and expenses 209,770 202,206 664,344 637,976
Income from operations 12,763 19,134 8,417 13,405
Interest income (expense), net 641 (101) 1,247 (596)
Income before income taxes and noncontrolling interest 13,404 19,033 9,664 12,809
Income tax expense (4,522) (5,368) (3,520) (3,924)
Net income 8,882 13,665 6,144 8,885
Add net loss attributable to noncontrolling interest 233 608 790 1,133
Net income attributable to common stockholders $ 9,115 $ 14,273 $ 6,934 [1] $ 10,018
Net income attributable to common stockholders per share        
Basic (in dollars per share) $ 0.24 $ 0.38 $ 0.18 $ 0.27
Diluted (in dollars per share) $ 0.23 $ 0.37 $ 0.18 $ 0.26
Weighted average shares used in computing per share amounts:        
Basic (in shares) 38,376,984 37,692,826 38,145,671 37,562,106
Diluted (in shares) 39,328,127 38,999,871 38,956,081 38,559,204
[1] Net income excludes $0.8 million due to the redeemable noncontrolling interest related to Middlebury Interactive Languages and LearnBop, which are reported outside of permanent equity in the accompanying unaudited condensed consolidated balance sheets.